CMA provisionally clears Amazon’s £442m Deliveroo investment over coronavirus April 17, 2020 A UK watchdog today provisionally cleared Amazon’s massive £442m investment into Deliveroo due to the risk the food delivery firm faces from coronavirus. The Competition and Markets Authority (CMA) called the situation “wholly unprecedented” but said the cash was “realistically only available from Amazon”. Deliveroo has seen a significant decline in revenues from the UK [...]
Plenty for Just Eat to chew on as it falls out of FTSE 100 to be replaced by engineering firm Spirax-Sarco December 6, 2018 Just Eat shares were down five per cent this morning as the company took stock from being demoted from the FTSE 100 yesterday. The food delivery company, which has come under siege in recent years from competitors Deliveroo and Uber Eats, dropped out of the top tier index as FTSE Russell announced the winners and [...]
Sixes cricket owner: Global expansion on cards but we won’t ditch London July 31, 2023 When City foodies hear the names Andy Waugh and Calum Mackinnon it would only be natural to associate them with the now closed Mac & Wild restaurant, which once sat in Devonshire Square near Liverpool Street. But the pair have gone left field; staying in the hospitality sector but offering a product entirely different to [...]
Cycene chef Theo Clench reveals where he eats when he’s not cooking August 20, 2022 Theo Clench trained in Brighton before moving to London to work at a host of Michelin starred restaurants including Trinity, Clove Club and Portland. He then became executive chef at Fitzrovia’s West African restaurant Akoko. His next challenge is the soon to open Cycene restaurant within Shoreditch’s Blue Mountain School. The restaurant focuses on Eastern [...]
Sky-high inflation forces Brits to raid pandemic savings April 13, 2022 Brits are being forced to run down their pandemic-induced savings to maintain spending amid historically steep inflation, reveals fresh figures published today. Pay is trailing behind the rate of price rises, meaning households are having to raid their war chests to maintain living standards. Over one in two Brits have already drawn from their savings [...]
Medication dependency and mental health issues up 300 per cent, say clinic August 31, 2022 The number of elite athletes being referred for medication-related dependency and underlying mental health issues has increased by 300 per cent in 10 years, according to a leading clinic in the field. Mental health problems such as ADHD, eating disorders, depression, anxiety and burnout are becoming much more common in sportspeople, reports Paracelsus Recovery. “We [...]
Shoppers face £643 increase to yearly grocery bill October 11, 2022 Shoppers are facing an additional £643 jump in their annual grocery bill as grocery price inflation breaks another record. According to freshly published data from Kantar, grocery inflation sits at 13.9 per cent, the highest level since the data firm started tracking prices in the 2008 financial crisis. The average household’s annual grocery bill is [...]
Ed Warner: Sport leaders need open minds to grapple with entertainment age December 14, 2023 Have I gone from yuppie embracer of innovation to risk-averse lover of the scene, wonders our columnist?
Don’t let Labour put FDI at risk May 8, 2024 A Labour government would threaten London’s position as Europe’s top destination for FDI. Only one part knows how to create an attractive regulatory and investment environment, says Lord Johnson One of this Government’s most important missions is to drive innovation and growth by attracting a continuous stream of high quality, global investment. As the Minister [...]
As inflation pushes hospitality prices up, customers’ patience will also start to wane March 24, 2022 Last week I had the painful, and for many people, familiar experience of trying to contact an airline to redeem evouchers. Mine was a simple request but not one I felt an online chat would resolve. After navigating a tortuous route through a myriad of menus, I was informed that they were too busy to [...]